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Explore Similar Apartments Within 2 Miles of S.R. Marmon, NM

  • /25

    $235,000

    • 2 Beds
    • 1 Bath

    123 46th St SW, Albuquerque, NM 87105

    Calling All Investors: Value-Add Triplex with Immediate Income PotentialThis centrally located triplex is a prime opportunity to build equity and generate steady rental income. The main house offers a solid structure and a blank canvas, ideal for value-adding renovations to boost returns or resale value. The two additional units are in leasable condition and can start producing income quickly

    Agent Photo

    Leila Giron

    Elevate New Mexico Realty

    (505) 594-4062

    123 46th St SW, Albuquerque, NM 87105
  • /2

    $230,000

    • 2,560 Sq Ft

    168 63rd St NW, Albuquerque, NM 87105

    Outstanding investment/ income producing opportunity - seize this remarkable chance to acquire a triplex in a highly sought-after location! Each unit boasts approximately 850 square feet of living space, comprising 3 bedrooms and 3 bathrooms. Located on a generous 5706 square foot lot, the property offers sufficient parking for both tenants and visitors. Please note that all three units require

    Carlos Sanchez MYNEWMEXICOREAL.COM

    168 63rd St NW, Albuquerque, NM 87105
  • /2

    $466,888

    • 3 Beds
    • 2 Baths
    • 2,786 Sq Ft

    2450 Floral Rd NW, Albuquerque, NM 87104

    The main house, Unit A, is a three bedroom, two bathroom beauty with hardwoods floors which faces Floral Road. Unit BC is a two story 3 bedroom, two bathroom unit that faces Rose Avenue.Measures of investment performance at start price of $466,888 and current average rent of $2,225 are a GRM of 8.74, a 8.03% cap rate, $233,444 per unit, $167/sf and an after tax IRR of 24.50%, with the potential

    Todd Clarke NM Apartment Advisors, Inc.

    2450 Floral Rd NW, Albuquerque, NM 87104

Why Live in S.R. Marmon

S.R. Marmon is an established Albuquerque community with strong neighborhood bonds and easy city access. "I've lived all over, and I have always come back here," says Em Ward, the neighborhood association president. "On my street, even though we've had a fair amount of turnover of some houses, some of us have known each other for over 20 years. We talk and visit. We're friendly and help each other if we can." The neighborhood features pocket parks and proximity to a popular municipal golf course. Shopping and dining cluster around the nearby highways. City highlights, including ABQ BioPark and the Coronado Center, are a short drive away. The neighborhood offers mostly single-family homes built in a traditional Southwestern style, with some townhouses also available. The newest homes date to the early 2000s, with a median build year of 1996. “It's a mixture of original owners who have been in their houses for 30 years, and as generations pass and people move out, others buy homes or convert them into rentals,” Ward says. Homes are closely spaced, many featuring gravel front yards that blend with the earth-toned stucco exteriors. Some residences are within easy walking distance of

Home Trends in S.R. Marmon, NM

Housing Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$303,750
Average Price Per Sq Ft
$206
Number of Homes for Sale
6
Last 12 months Home Sales
58
Months of Supply
1.20
Median List Price
$312,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
0%
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